Rodney Burton, known as 'Bitcoin Rodney,' faces expanded federal charges in a $1.8B crypto fraud tied to HyperFund. The U.S. Attorney’s Office for Maryland added counts including wire fraud, money laundering, and operating an unlicensed business. The scheme, from 2020 to 2024, falsely promised returns from non-existent mining. Burton’s trial is set for March 2025. The case aligns with global efforts like Countering the Financing of Terrorism and EU Markets in Crypto-Assets Regulation.

According to 36 Crypto, Rodney Burton, known as 'Bitcoin Rodney,' faces expanded federal charges in a $1.8 billion cryptocurrency fraud scheme involving HyperFund. The U.S. Attorney’s Office for the District of Maryland filed a superseding indictment against Burton, charging him with conspiracy to commit wire fraud, two counts of wire fraud, seven counts of money laundering, and one count of operating an unlicensed money transmitting business. The scheme, which ran from June 2020 to May 2024, allegedly promised investors daily returns tied to non-existent crypto mining operations. Burton’s trial is scheduled for March 2025.